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The Analysis Of Competitiveness In The Tourism Sector In The Actual Context Of Economic Crisis

Author

Listed:
  • Vasile ROBU

    (Academy of Economic Studies, Bucharest, Romania)

  • Alina BALAN

    (Academy of Economic Studies, Bucharest, Romania)

Abstract

The past few years have witnessed many storms in the Tourism sector. Under the influence of an extremely volatile world economy (financial crisis, commodity and oil price rises, sharp exchange rate fluctuations, increase terrorism acts in several region with tourism potential ) Tourism demand slowed significantly. Yet, despite the current difficulties, the Tourism sector remains a critical economic sector worldwide and one that provides significant potential for economic growth and development internationally. A growing national Tourism sector contributes to raise national income, employment, and can improve a country’s balance of payments. The sector is thus an important driver of growth and prosperity and, within developing countries, it can play a leading role in poverty reduction. Despite the overall importance of developing the Tourism sector, many obstacles at the national level continue to hinder its development. This analysis aims to serve two purposes. First, we intend to provide useful comparative information for making decisions related to business and tourism development. Second, and more importantly, we hope that the analysis provides an opportunity for the Tourism industry to highlight the obstacles to Tourism competitiveness.

Suggested Citation

  • Vasile ROBU & Alina BALAN, 2009. "The Analysis Of Competitiveness In The Tourism Sector In The Actual Context Of Economic Crisis," Revista de turism - studii si cercetari in turism / Journal of tourism - studies and research in tourism, "Stefan cel Mare" University of Suceava, Romania, Faculty of Economics and Public Administration - Economy, Business Administration and Tourism Department., vol. 7(7), pages 84-89, June.
    • Handle: RePEc:scm:rdtusv:v:7:y:2008:i:7:p:84-89
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    Citations

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    Cited by:

    1. Sheereen Fauzel & Boopen Seetanah & R.V. Sannassee, 2017. "Analysing the impact of tourism foreign direct investment on economic growth," Tourism Economics, , vol. 23(5), pages 1042-1055, August.
    2. Natalia BULGARU & Irina-Olimpia SUSANU, 2020. "Analysis Of The Impact Of Covid On The Ukrainian Tourism Industry," Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 14(1), pages 1001-1006, November.

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